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AVERY DENNISON CORPORATION FY 2025 10-K, explained in plain English

AVY · 10-K for the period ending December 31, 2025, filed February 25, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$8.9B
Gross margin28.8%
Operating income— not reported
Net income$688.0M
Diluted EPS$8.79
Cash & equivalents$202.8M
Total assets$8.8B
Long-term debt$3.2B

Key takeaway

Avery Dennison reported $8.86 billion in revenue and $688 million in net income for fiscal 2025, with diluted EPS of $8.79.

🔒 4 more takeaways in the full analysis

Beneath the surface

Net debt is far higher than the headline debt figure suggests: with only $202.8 million in cash against ~$3.73 billion in total debt (per the risk factors), net debt approaches $3.5 billion, a materially levered position not obvious from the $3.2 billion long-term debt line alone.

🔒 3 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 7 more findings — plus insider trades, activist stakes, and 8-K events for AVY.

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